Analyst news

• ASX set to rise as Wall Street's GameStop 'meme stock' rally picks up again

  08-06-2021 23:34 via abc.net.au
  
  The Australian share market is set to rise on open, as tech companies and so-called "meme stocks" rally on Wall Street.
  
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• ASX rises on open as brick company booms, while 'meme stock' effect continues

  08-06-2021 23:34 via abc.net.au
  
  The Australian share market has made a solid gain on open, with a brick manufacturer leading the pack. Meanwhile, tech companies and so-called "meme stocks" rally on Wall Street. 
  
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• ASX hits new high but ends in the red as Westpac cautions on property market cooling

  08-06-2021 23:34 via abc.net.au
  
  The ASX 200 ends the day in the red, as consumer confidence data shows the effect of Melbourne's latest lockdown and Australians ease off their property high.
  
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• ASX hits new high as miners and brick manufacturer soar

  08-06-2021 23:34 via abc.net.au
  
  The ASX 200 momentarily hits a new intra-day trading high before falling back into the red, as consumer confidence data shows the effect of Melbourne's latest lockdown and tech companies and so-called "meme stocks" rally on Wall Street.
  
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• The Treasurer says more Australians are in jobs than before the pandemic. Is he right?

  08-06-2021 22:52 via abc.net.au
  
  When the latest data was released last month, Josh Frydenberg pointed to Australia's jobs figures as evidence the economy was bouncing back strongly. But is employment better than it was before coronavirus?
  
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• Employment above pre-pandemic levels? We fact check the Treasurer on jobs claim

  08-06-2021 22:52 via abc.net.au
  
  When the latest data was released last month, Josh Frydenberg pointed to Australia's jobs figures as evidence the economy was bouncing back strongly. But is employment better than it was before coronavirus?
  
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• Live: NSW Now: Broken down crane causes chaos for Sydney commuters

  08-06-2021 22:30 via abc.net.au
  
  MORNING BRIEFING: Sydney commuters are hit with major delays after a crane breaks down near the Sydney Harbour Tunnel.
  
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• Live: NSW Now: Ben Roberts-Smith to take stand as first witness in defamation trial

  08-06-2021 22:30 via abc.net.au
  
  MORNING BRIEFING: Victoria Cross recipient Ben Roberts-Smith will be the first witness called in a 10-week trial, and a cold snap has arrived bringing snow to parts of NSW.
  
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• Residents in path of planned Coomera Connector say they have been 'left in the dark'

  08-06-2021 21:37 via abc.net.au
  
  Dozens of homes are set to be demolished to make way for a new Queensland highway, but residents along the route say they don't know when to expect the bulldozers.
  
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• 'Everything will have to be replaced': Residents want to know when their homes will be destroyed

  08-06-2021 21:37 via abc.net.au
  
  Dozens of homes are set to be demolished to make way for a new Queensland highway, but residents along the route say they don't know when to expect the bulldozers.
  
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• Electric vehicles 'caught in the culture wars' despite household savings, expert says

  08-06-2021 20:56 via abc.net.au
  
  The federal government's approach to Australia's "dismal" electric vehicle uptake is a "tragedy" and the result of EVs being caught in the "culture wars", according to an expert in the US renewable energy sector.
  
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• AGL mostly fails in trademark court case agaisnt Greenpeace for using logo in campaign

  08-06-2021 11:20 via abc.net.au
  
  Australia's largest electricity generator largely loses its court case alleging environmental group Greenpeace had breached copyright and trademark laws.
  
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• AGL mostly fails in trademark court case against Greenpeace for using logo in campaign

  08-06-2021 11:20 via abc.net.au
  
  Australia's largest electricity generator largely loses its court case alleging environmental group Greenpeace had breached copyright and trademark laws.
  
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• Uptick for Perth apartments

  08-06-2021 11:00 via businessnews.com.au
  
  Australia’s apartment markets continue to lag in the country’s broader housing market recovery, reports have found, however momentum is building in Perth.
  
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• Copper thief leaves 2,000 residents without power on 'Antarctic blast' day

  08-06-2021 09:54 via abc.net.au
  
  On one of the coldest days of the year, thousands of Kingston residents have been left shivering following mass power outages. But a huge storm wasn't to blame.
  
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• At Close of Business: Mark Beyer on the Perron Institute

  08-06-2021 09:48 via businessnews.com.au
  
  In today's episode of At Close of Business, journalists Jordan Murray and Mark Beyer discuss the work of the Perron Institute, its spin-out and the commercial viability of the industry at large.
  
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• ASX tops record, inflation data looms

  08-06-2021 09:45 via businessnews.com.au
  
  A record high for the Australian share market did not lead to big gains for investors, who remain wary of inflation data due in China and the US.
  
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• Carbon plan approved for Pluto

  08-06-2021 09:42 via businessnews.com.au
  
  A new carbon target for Woodside’s Pluto LNG has been approved; Chevron has invested in solar; and six carbon capture projects have been granted $50 million.
  
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• BHP reaffirms harassment stance amid assault allegation

  08-06-2021 09:13 via businessnews.com.au
  
  Mining giant BHP has reaffirmed its commitment to eradicating harassment and improving workplace culture while a man was reportedly charged today over an alleged sexual assault at the South Flank project.
  
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• Odyssey fast-tracks WA exploration

  08-06-2021 09:00 via businessnews.com.au
  
  Odyssey Gold has completed a $10 million share placement to fund continued exploration in Western Australia’s Murchison region.
  
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• Odyssey boosts WA exploration

  08-06-2021 09:00 via businessnews.com.au
  
  Odyssey Gold has completed a $10 million share placement to fund continued exploration in Western Australia’s Murchison region.
  
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• Micromine to purchase Qld business

  08-06-2021 09:00 via businessnews.com.au
  
  Nedlands-based MICROMINE is set to complete its first acquisition in almost two decades, with the purchase of fellow software company Precision Mining.
  
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• Solar-hydro energy plant to be built on coal-fired power station site

  08-06-2021 08:39 via abc.net.au
  
  A renewable energy plant to be built in the NSW Upper Hunter is being hailed as an investment in economic opportunity and livability in the region.
  
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• Power play: Solar-hydro energy plant to rise from ashes of coal-fired electricity station

  08-06-2021 08:39 via abc.net.au
  
  A renewable energy plant to be built in the NSW Upper Hunter is being hailed as an investment in economic opportunity and livability in the region.
  
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• Nothing inert about hydrogen hype

  08-06-2021 08:00 via businessnews.com.au
  
  Hydrogen has plenty of boosters but some of the downsides are being glossed over.
  
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• WA fast-tracks vaccination rollout

  08-06-2021 07:00 via businessnews.com.au
  
  The state government has announced plans to fast-track the COVID-19 vaccination rollout, with those aged 30 to 49 to be eligible for the Pfizer vaccine from Thursday.
  
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• South32 renews Delta Drone contract

  08-06-2021 07:00 via businessnews.com.au
  
  Listed company Delta Drone International has been reappointed as South32’s aerial data services provider in South Africa under a $2.7 million contract extension.
  
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• The richest and poorest postcodes, best and worst-paying professions and how we earn our money: what the ATO stats reveal

  08-06-2021 06:42 via abc.net.au
  
  The ATO's annual tax stats reveal how many wealthy Australians contributed nothing to the government in 2018-19, where the nation's wealthiest and poorest live, and what kind of work they do.
  
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• Sixty-six millionaires paid no tax, hiding behind the 'cloak' of a complex tax system

  08-06-2021 06:42 via abc.net.au
  
  The ATO's annual tax stats reveal how many wealthy Australians contributed nothing to the government in 2018-19, where the nation's wealthiest and poorest live, and what kind of work they do.
  
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• Sixty-six millionaires paid no tax, hiding behind the 'cloak' of a complex system

  08-06-2021 06:42 via abc.net.au
  
  The ATO's annual tax stats reveal how many wealthy Australians contributed nothing to the government in 2018-19, where the nation's wealthiest and poorest live, and what kind of work they do.
  
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• Sixty-six millionaires paid no tax, but other high-income earners picked up a third of the income tax bill

  08-06-2021 06:42 via abc.net.au
  
  The ATO's annual tax stats reveal how many wealthy Australians contributed nothing to the government in 2018-19, where the nation's wealthiest and poorest live, and what kind of work they do.
  
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• Hastie, Porter lead on Facebook ad spend

  08-06-2021 06:00 via businessnews.com.au
  
  More than $60,000 was spent by federal WA MPs on Facebook advertising over the past three months, according to recent financial disclosures published by the social media giant.
  
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• Heritage advocate slams planter box initiative in historic town

  08-06-2021 05:50 via abc.net.au
  
  Two planters have appeared along Maldon's historic Main Street as part of a multi-million dollar makeover. Do they signal the death of the town's heritage? 
  
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• State opens new Bellevue Railcar Facility

  08-06-2021 05:42 via businessnews.com.au
  
  The state government has opened the new Bellevue METRONET Railcar Facility, making good on its 2017 election commitment to bring railcar manufacturing back to WA.
  
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• Vonex offers $31m for telco business

  08-06-2021 05:00 via businessnews.com.au
  
  Telecommunications provider Vonex is set to gain more than 5,000 new customers through a deal with Sydney-headquartered MNF Group.
  
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• Air-conditioning company awarded millions in damages over ducted heater fault

  08-06-2021 04:37 via abc.net.au
  
  Adelaide-based company Seeley International is awarded more than $13 million in damages after a supplier negligently provided a potentially dangerous component installed in 23,000 gas heaters across Australia over a two-year period.
  
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• Politics of planning spark Nedlands poll

  08-06-2021 04:30 via businessnews.com.au
  
  Building tensions and overhead wires await the next mayor of Nedlands after next month’s election.
  
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• Vaccination key to beating mutant strains

  08-06-2021 04:00 via businessnews.com.au
  
  Australia's chief nurse has declared mass vaccination will be the key to defeating mutant coronavirus strains, including variants detected in the Melbourne outbreak.
  
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• Health chiefs predict rise in vaccinations

  08-06-2021 04:00 via businessnews.com.au
  
  Less than three per cent of Australians over 16 have been fully vaccinated against coronavirus but health chiefs are tipping numbers will soar in coming weeks.
  
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• Ben Roberts-Smith lost $475,000 in income after newspaper allegations, defamation trial told

  08-06-2021 03:35 via abc.net.au
  
  The barrister for Ben Roberts-Smith tells a Sydney court work offers for the decorated war veteran "evaporated" after newspapers reported allegations of war crimes, bullying and domestic violence against him.
  
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• McGowan demands tighter COVID testing

  08-06-2021 03:00 via businessnews.com.au
  
  Hotel quarantine guests in Western Australia could soon be required to undergo a fourth COVID-19 test after a scare involving a maritime worker.
  
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• Farmers to plant record winter crop area

  08-06-2021 03:00 via businessnews.com.au
  
  Australian farmers are on track to plant the biggest winter crop in the nation's history with strong rainfall and high global prices outweighing a mouse plague.
  
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• European masterpieces from the Met to feature at blockbuster Australian exhibition

  08-06-2021 02:57 via abc.net.au
  
  The exhibition at Brisbane's Gallery of Modern Art is set to inject millions to the economy amid record demand for tickets.
  
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• Vaccines for all NDIS participants over 16

  08-06-2021 02:00 via businessnews.com.au
  
  Coronavirus vaccines are being made available to all National Disability Insurance Scheme participants aged over 16.
  
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• Wanted: Tourism icon seeks influencers to fight off winter blues

  08-06-2021 01:49 via abc.net.au
  
  Custodians of the Southern Hemisphere's longest timber jetty want to hashtag the tourist attraction into the 21st century in a bid to survive a winter-induced tourism downturn.
  
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• US recovers Bitcoin ransom paid to hackers who launched cyberattack on critical fuel pipeline

  08-06-2021 00:27 via abc.net.au
  
  The United States Justice Department says it has recovered millions in cryptocurrency ransom paid by Colonial Pipeline, cracking down on a hack that led to massive shortages at US petrol stations in May.
  
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